Valhi (NYSE:VHI) Raised to “Buy” at Wall Street Zen

by · The Cerbat Gem

Valhi (NYSE:VHI – Get Free Report) was upgraded by equities researchers at Wall Street Zen to a “buy” rating in a research report issued on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings raised shares of Valhi from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, August 17th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

Check Out Our Latest Research Report on Valhi

Valhi Stock Performance

NYSE:VHI opened at $16.38 on Friday. The company’s 50-day moving average is $16.05 and its two-hundred day moving average is $14.71. Valhi has a 1-year low of $11.44 and a 1-year high of $19.19. The company has a debt-to-equity ratio of 0.42, a current ratio of 3.37 and a quick ratio of 1.90. The firm has a market capitalization of $463.90 million, a price-to-earnings ratio of -9.15 and a beta of 1.03.

Valhi (NYSE:VHI – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The basic materials company reported $0.78 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.96 by ($0.18). The firm had revenue of $606.10 million for the quarter, compared to analyst estimates of $606.10 million. Valhi had a negative return on equity of 2.77% and a negative net margin of 2.36%.

Institutional Trading of Valhi

Several hedge funds have recently made changes to their positions in the business. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Valhi in the second quarter valued at approximately $148,000. GSA Capital Partners LLP purchased a new stake in Valhi during the 2nd quarter worth approximately $321,000. Bank of New York Mellon Corp purchased a new stake in Valhi during the 2nd quarter worth approximately $687,000. Empowered Funds LLC purchased a new stake in Valhi during the 2nd quarter worth approximately $2,055,000. Finally, BlackRock Inc. acquired a new stake in Valhi during the 2nd quarter worth approximately $2,776,000. Institutional investors and hedge funds own 3.83% of the company’s stock.

Valhi Company Profile

(Get Free Report)

Valhi, Inc is a diversified holding company headquartered in Dallas, Texas. Its principal businesses operate through subsidiaries in the chemicals, component products and real estate sectors. Valhi is affiliated with Contran Corporation, a holding company with long-standing ownership interests in Valhi and other industrial businesses.

Through Kronos Worldwide, Inc, Valhi participates in the manufacture and sale of titanium dioxide pigments, which are used to provide whiteness and opacity in paints, coatings, plastics, paper and other products.

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